(a) \_Rental Failure\_. Any non-payment of, including any failure by
Lessee to pay, (i) any Basic Rent or Casualty Value, or other accelerated
amount, as and when due pursuant to this Lease or any of the other Lease
Documents (whether on a specified payment date, or by acceleration, upon
demand or otherwise), and such non-payment or other failure continues for a
period of ten (10) Business Days from and including such due date; or (ii) any
Supplemental Rent or any other amount as and when due pursuant to this Lease
or any of the other Lease Documents, excluding any amounts covered by clause
(i) (whether on a specified payment date, or by acceleration, upon demand or
otherwise) and such non-payment or other failure continues for a period of ten
(10) Business Days from and including the date of receipt of written notice of
a payment default from Lessor; or



(b) \_Affiliate Indebtedness Defaults\_. With respect to Lessee
Party and any of its affiliates, any default or an event of default (however
defined) shall have occurred under any loan or lease from, or guaranty or
other financing obligation to, Lessor or any of its affiliates, and in such
case the applicable grace period for curing such default or event of default
shall have expired; or



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(Aircraft Lease MSN 42000181)